Reply to thread

Message: [QUOTE="huskymedic, post: 4846035, member: 549"] [MEDIA=twitter]1746225496919011611[/MEDIA] [URL='https://www.printfriendly.com/p/g/rGrxwT'][B]Assisted access <<[/B][/URL] [B]-> [/B]UConn Athletics is about to release its NCAA financial report for [URL='https://accountingoffice.uconn.edu/wp-content/uploads/sites/143/2023/12/2023-Financial-Statements.pdf']fiscal year 2023[/URL], and can finally say the numbers are trending in the right direction — the direction demanded by the school’s hierarchy a few years ago. The numbers to come out Tuesday, updating the [URL='https://annualreport.uconnhuskies.com/']annual report out out last June[/URL], will show the department is bringing in more money, keeping its cost somewhat under control during inflationary times and that it managed to cut the institutional support it received by 35 percent, from $46.2 million to $30.2 million between fiscal years 2022 and ’23. <- -> … With that one-time cost behind UConn, and added revenue from substantially increased ticket prices and attendance, especially for basketball, and added fund raising, the athletic department was able to self-generate 60 percent of its own revenues. Ticket revenues rose 32.8 percent, from $9.7 to $12.9 million, and contributions 30.3 percent, from $13.7 to $17.7 million. <- -> UConn has been frustrated in its decade-long aspirationto join a power conference, most recently by the Big 12 and ACC last summer. Still, UConn, an independent FBS football school, a member of the Big East Conference in most sports and Hockey East in men’s and women’s ice hockey, raised more than $93 million in revenue which, Benedict noted, is more than any Group of Five conference school and more than some of the remaining power conference schools (sans the enormous football TV revenue).<- -> “I feel very positive about the trendline,” Benedict said. “… We’re raising more money than we ever have as an athletic program, that’s going to continue to grow. We’re generating more ticket revenue, that’s going to continue to grow. We’re going to continue to win at an elite level. We feel we’re very good stewards of the university’s investment. There is a return, and we’re going to continue to do our absolute best to manage expenses and increase revenues.” <- [/QUOTE]

Verification: First name of men's bb coach

Forum statistics

Threads: 164,622

Messages: 4,403,942

Members: 10,217

Latest member: Hawkeye84